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Re: bar1080 post# 1082

Monday, 12/18/2023 1:04:56 PM

Monday, December 18, 2023 1:04:56 PM

Post# of 1137
This from Quora seems accurate:

"Berkshire Hathaway was in business since the 1830s. "Its stock was traded prior to the establishment of the SEC and the registration requirements in the 1930s, so it never filed for an IPO as companies now do."

The SEC was created in 1934. Likely original Berkshire shares were first issued in certificated form under state law to a handful of company insiders and traded OTC very thinly. I made a page to explain the "B" shares which were created in 1996 in connection with BRK's huge acquisition of the BN railroad.

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